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The common stock of Bethel Baked Goods is valued at $15.76 a share. The company increases its dividend by 4% annually and the company's most

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The common stock of Bethel Baked Goods is valued at $15.76 a share. The company increases its dividend by 4% annually and the company's most recent dividend was $.65 per share. What is the required rate of return on this stock? OA) 9.03% B) 8.29% C) 7.96% D) 8.48% E) 8.81%

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